NSE: BAJFINANCE · 15 October 2026
- Bajaj Finance Limited shares are trading down 2.37% at ₹959.45, moving near the lower end of their intraday range between ₹951.85 and ₹967.40 after opening at ₹958.40.
- Bajaj Finance issued the formal notice for an Extraordinary General Meeting scheduled for November 2, 2026, to obtain shareholder approval for its previously announced fundraising plans. The proposals include raising up to ₹11,700 crore via a Qualified Institutions Placement of equity shares and up to ₹5,800 crore through the preferential issue of convertible warrants to holding company Bajaj Finserv Limited.
- Trading volume was 0.17 times the 20-day average daily volume.
Why is Bajaj Finance share price falling on 15 October 2026?
Bajaj Finance Limited shares are trading down 2.37% at ₹959.45, moving near the lower end of their intraday range between ₹951.85 and ₹967.40 after opening at ₹958.40.
While the broader Nifty index advanced 0.71%, Bajaj Finance lagged behind the wider market trend.
On the corporate front, the company recently announced an Extraordinary General Meeting scheduled for November 2, 2026, to seek shareholder approval for raising capital through a Qualified Institutions Placement of up to ₹11,700 crore and a preferential issue of warrants worth up to ₹5,800 crore to promoter Bajaj Finserv Limited. While these capital-raising plans provide broader structural context for the NBFC's expansion strategy, no single confirmed trigger directly links today's price decline to these developments.
12.40 lakh shares traded by 15 October 2026 · 09:45 AM IST. This compares with a 20-day average daily volume of 73.00 lakh shares (0.17 times). The five-day average daily volume was 82.14 lakh shares. Separately, the NSE report for 14 October 2026 showed 46.57 lakh shares delivered, representing 65.23% of that day’s traded volume. The same report recorded 182,798 trades.
No specific news event explains today's 2.37% drop. The price action appears consistent with general profit-taking and mild downward pressure following a negative 20-day return trend, operating alongside notably light trading volume.
Latest Company Developments
Bajaj Finance issued the formal notice for an Extraordinary General Meeting scheduled for November 2, 2026, to obtain shareholder approval for its previously announced fundraising plans. The proposals include raising up to ₹11,700 crore via a Qualified Institutions Placement of equity shares and up to ₹5,800 crore through the preferential issue of convertible warrants to holding company Bajaj Finserv Limited.
These initiatives are intended to strengthen the balance sheet and fund future growth, though investors must evaluate potential equity dilution.
The company announced the allotment of 51,000 secured redeemable non-convertible debentures at a face value of ₹1 lakh each, aggregating to ₹510.86 crore on a private placement basis. The NCDs carry a coupon rate of 7.78% per annum with a maturity tenure of 1,127 residual days, maturing on November 9, 2029.
This debt issuance forms part of the company's regular liquidity management and capital-structure financing.
Bajaj Finance reported provisional consolidated metrics for the quarter ended September 30, 2026, showing its customer franchise reached 128.85 million and assets under management grew by 26.5% year-on-year to approximately ₹584,750 crore. New loans booked during the quarter increased 11% to 13.45 million, while the deposit book stood at approximately ₹69,750 crore.
The operational update highlights steady franchise and credit portfolio expansion heading into the half-year financial results.
Outcome of Board Meeting held on October 01, 2026 – Capital raise through QIP and Preferential Issue.
Resignation of Mr. Amit Raghuvanshi as President – Cars, Two-Wheeler & Sales Finance effective. close of business hours on August 11, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 10.32% on 30 September 2026. This compares with 9.63% on 30 June 2026, a change of +0.69 percentage points.
The filing reported 51 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Upcoming financial results and half-year review scheduled for October 19, 2026
- Shareholder voting outcomes and proceedings at the Extraordinary General Meeting on November 2, 2026
- Regulatory developments and pricing details regarding the proposed QIP and preferential warrant issuance
- Delivery volume trends relative to the 65.23% cash delivery percentage recorded on October 14, 2026
Other Dated Coverage
More Bajaj Finance news and dated analysis →
Frequently Asked Questions
What is the latest Bajaj Finance company news?
Bajaj Finance issued the formal notice for an Extraordinary General Meeting scheduled for November 2, 2026, to obtain shareholder approval for its previously announced fundraising plans. The proposals include raising up to ₹11,700 crore via a Qualified Institutions Placement of equity shares and up to ₹5,800 crore through the preferential issue of convertible warrants to holding company Bajaj Finserv Limited.
How strong was Bajaj Finance’s trading volume?
12.40 lakh shares traded, 0.17 times the 20-day average daily volume. The price and volume data are dated 15 October 2026 · 09:45 AM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.